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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Priory Lane, Launceston is a period house with 1,001 ft2 of internal area and sits on a 75.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Priory Lane, Launceston is £360,831 and the estimated rental value is £1,115 per month.
Priory Lane, Launceston, PL15 is located within the PL15 postal district.
2, Priory Lane, Launceston has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Priory Lane, Launceston is in very good condition we estimate a sale value of £378,873 and a rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,573 and a rental value of £1,037 per month.
Over the last 12 months the sale value of 2 Priory Lane Launceston has increased by an estimated £11,940 (3.3%) and its rental value has increased by an estimated £54 per month (4.9%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Priory Lane, Launceston sits on a plot of 76m2.
2, Priory Lane, Launceston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Sep 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Priory Lane, Launceston within a radius of 740 metres over the last 2 years.
The most recent example is 14, Hollies Road, Launceston, PL15 8HB, a freehold house which sold for £295,000 on the 11th January 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priory Lane, Launceston, PL15 has a total of 2 addresses. According to our analysis of all the public data, 2, Priory Lane, Launceston is the largest and the most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in PL15.
The closest station to 2, Priory Lane, Launceston is Gunnislake station which is 17.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Priory Lane, Launceston, 36.6% of property is socially rented and 29.9% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Priory Lane, Launceston, 17.5% of residents are recorded as possessing school level qualifications and 23.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Priory Lane, Launceston, the average age was 41.6 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Priory Lane, Launceston, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Priory Lane, Launceston, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
